Overview
- Roland Lescure, the economy minister, said Tuesday he will meet all airlines to review summer plans as kerosene costs climb due to the Strait of Hormuz blockade.
- Government spokespeople said Tuesday there is no fuel shortage risk in the weeks ahead and pointed to roughly 90 days of strategic reserves that could be tapped if imports falter.
- Transavia, the Air France‑KLM low‑cost brand, is canceling fewer than 2% of flights in May and June and has added about €10 to a round trip, with rebooking or refunds offered to affected customers.
- The European Commission warned the EU is very quickly approaching a potential jet-fuel supply crunch, and IATA urged regulators to coordinate and be transparent if rationing becomes necessary.
- Tourism data show a 6% dip in bookings and more travelers holding off, as jet fuel has jumped from about a quarter of airline costs to roughly 40–45%, squeezing low‑cost carriers first and pushing fares higher.